Bitcoin price will make many people rich this year. The bullish prospects are self-evident and a steady parabolic advance, some time this year, will give bitcoin traders what they want. Bitcoin price waves, like all market charts, advance and decline between established support and resistance zones. This analysis is provided by xbt.social with a 3-hour […]
The post Bitcoin Price Support and Resistance appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
This is part 4 of CCN’s “Peace & Stability Through The Blockchain” Series. For part 1, click here. For part 2, click here. For part 3, click here. In this edition, we explore the way in which policing can be changed via public ledger technology. Similar to how blockchain-forward technologies streamline the border, the same […]
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The Keza app, an IOS app which allowed users to invest in bitcoin stocks and fixed incomes, has closed down shortly after launching, according to its website. The project had received $357,000 in funding backed by Digital Currency Group and Jason Calacanis of HOF Capital. The closing marks a setback for bitcoin investing in stocks since […]
The post Plug Pulled On Keza App Allowing Bitcoin Investing In Stocks appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Recently the Russia’s National Settlement Depository (NDS), an organization that provides settlement and depository services, began testing blockchain technology as a potential solution for a corporate e-proxy voting system. The results will not shock you but the origin of praise for the system just might. NDS began looking into solutions for e-proxy voting in August of […]
The post Russia’s NDS Uses Blockchain For E-Proxy Voting appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
This is part 3 of CCN’s “Peace & Stability Through the Blockchain” Series. For part 1, click here. For part 2, click here. So far, we’ve gone over the precedent some of the multinational corporations exploring blockchain technology have set historically about promoting peace through their work. In part 2, we look at the ways […]
The post Peace & Stability Through The Blockchain: Government appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price has slowly gained alttude in a non-committal rise to $450. This analyst keeps questioning why the market compulsively buys price up when the technicals are pointing down. Some say that perhaps the market is trading the expectation of a block reward rally. This analysis is provided by xbt.social with a 3-hour delay. Read […]
The post Bitcoin Trading The Block Reward Halving appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Supporters of MMM, which is accused of being a Ponzi scheme, marched in Soweto, South Africa in celebration of the Financial Freedom Awareness campaign, coinciding with South Africa’s Freedom Day, according to Independent Online (IOL), a South African news source. MMM Global is under investigation by The Hawks, South Africa’s Directorate for Priority Crime […]
The post South Africans Supporters of Alleged Global Bitcoin Scam MMM March On appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The hacking heist of $81 million from the Bangladesh central bank demonstrates the vulnerability of many banks’ existing financial security platforms that cry for blockchain-based security. Investigators at BAE Systems, a U.K.-based defense contractor, believe the attackers hacked into the Society for Worldwide Interbank Financial Telecommunication (SWIFT) financial platform that provides the heart of the global […]
The post $81 Million Cyberheist Underscores Need for Blockchain Security appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A bit late with this one, but better late than never. We have compiled a 64-bit Windows binary of the new cpuminer-multi fork by ocminer (source) with support for the HMQ1725 algorithm used by Espers (ESP). We have made small source changes in order to use hmq1725 as algorithm name instead of quark in the original source and compiled generic binaries for AMD and Intel CPUs that seem to provide a bit higher hashrate than the Windows binary provided by ocminer. We have tried compiling with optimizations for specific CPU architectures, but since it did not produce noticeable performance increase we are sticking to the generic ones for AMD K8 or newer as well as Intel Core 2 or newer processors. Running some tests on an Intel 5820K CPU has resulted in about 135 KHS with ocminer’s binary and our Windows binaries are giving us about 150 KHS, so they should be around 10% faster, but you are welcome to try and report your results.
– To download the latest 64-bit Windows binary of the cpuminer-multi fork for Espers (ESP) mining…
Bitcoin exchange Coinbase has announced that it now enabled instant purchase of bitcoin via debit cards. The feature is available to all users in the United States. Coinbase users in the United States will, like their European counterparts, have the means to instantly buy bitcoin with debit cards. The feature rollout comes after an initial […]
The post Coinbase Enables Instant Bitcoin Purchase via US Debit Cards appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Japan’s first blockchain industry organization, the Blockchain Collaborative Consortium (BCCC), sees 34 companies as founding members coming together. BCCC will help promote blockchain solutions and innovation to the public as well as working with other blockchain organizations from around the world. The likes of Microsoft Japan and Ethereum-coder collective ConsenSys together with an array of […]
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Bitcoin Press Release: OpenLedger has added Ethereum based gold backed crypto-token DigixDAO asset (DGD), allowing users to trade DGD for Ethereum, Bitcoin and other digital assets on its decentralized trading platform. April 28, 2016 – OpenLedger, the CCEDK owned transparent decentralized exchange now allows users to trade DigixDAO (DGD) assets on its platform. The DigixDAOcryptocurrency […]
The post Gold Struck on OpenLedger With Ethereum Based DigixDAO asset (DGD) appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Release: Well established Bitcoin exchange CEX.IO enables instant withdrawals to Visa and MasterCard in US dollars, Euro and Russian Ruble. April 28th, 2016, London, UK — CEX.IO Bitcoin exchange announced today the launch of instant USD, EUR, and RUB withdrawals to payment cards. With this new feature, CEX.IO successfully completed the full circle […]
The post Popular Bitcoin Exchange CEX.IO Launches Instant Withdrawals to Visa/MasterCard appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Frequent bitcoin- and blockchain-focused investment firm Digital Currency Group now sees Western Union as an investor in a new funding round. Money-transfer giant Western Union is Digital Currency Group’s newest investor, in a new funding round. Digital Currency Group (DCG) is also welcoming new investors to the firm in Beijing-based HCM International Co., a subsidiary […]
The post Bitcoin-Centric Investor Digital Currency Group Sees Investment from Western Union appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
If you want to run your own private or public mining pool for Ethereum (ETH) you might be interested in the release of the new open Open Source Ethereum Mining Pool by sammy007 (source). The pool software is functional, however an optimized release of the pool is expected to be released soon as it is being further developed to provide an easy to use pool for Ethereum miners. It already supports getwork and stratum mining, relies on the geth Go Client for Ethereum as a backend and provides good stats for miners to track their mining progress. Do note that as with other pool software although it may not be that hard to setup things, but some experience in managing and maintaining a server and a pool can be quite helpful.
– For additional details and to download and run the new Ethereum pool software…
For cryptocurrency enthusiasts, there are quite a few options where they can do business in regards to trading and exchanging one type of digital currency for another via a digital exchange. Some exchanges offer sophisticated trading options with limiting, stop order and more. However, for most exchanges, the process of what goes on between trading […]
The post The Inner Workings of Decentralized Crypto Exchange EtherEx appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price has recovered from sell-off lows at $434 and 2800 CNY today. Can the market bounce price through resistance and continue to new highs? Or has yesterday’s lack of commitment at a critical moment cut bitcoin’s price wings? This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]
The post Bitcoin Price Wings Cut By Market appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
EdgeVerve Systems’ newly-introduced Blockchain Framework furthers the adoption of blockchain technology by the global financial services sector. A subsidiary of Infosys, which offers the Infosys Finacle universal banking solution suite, EdgeVerve introduced the product at the Infosys Confluence global client summit in San Francisco, Calif. EdgeVerve developed the framework to deliver value-generating solutions based on […]
The post Infosys’ EdgeVerve Launches Blockchain Framework for Financial Services appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
At a Blockchain Conference in San Francisco last month, a spat between Tone Vays, Head of Research at Bitcoin news portal Brave New Coin, and Safe Cash’s Chris Kitze, highlighted the paradigm shift in the blockchain technology industry. Whereas historically Bitcoiners have often championed Bitcoin as a way to undermine government and banks, a new breed […]
The post “Blockchain” Led Paradigm Shift From Anti-to Pro-Establishment Shocks Bitcoin Community appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Valve has officially added support for Bitcoin payments in their Steam platform for distributing games online, meaning that millions of gamers worldwide can now pay with BTC for their new game purchases. There has been some rumors and leaks suggesting that this will happen at some point, but it is official now and you can already pay with Bitcoin at Steam. The payment processor that Valve has selected for Steam is BitPay.
“As the internet’s universal currency, Bitcoin will allow Steam to easily reach gamers in every market around the world – without the high fees or the risk of chargeback fraud that come with card payments.”
Time to spend some Bitcoin for the purchase of some new games, even though there aren’t many big upcoming titles planned for release very soon, there are many indie games that you can support. It will be interesting to see some statistics in a few weeks or months for how gamers around the world have used the new Bitcoin payment feature on Steam, meanwhile we welcome the adoption of BTC by Steam.
BTC-e, a European exchange, has added bitcoin-based trading pairs on Ethereum and Dash, extending the trading possibilities for these coins, according to Finance Magnates. Ethereum and Dash are the second and fifth largest cryptocurrencies, respectively, based on market capitalization. BTC-e caters to retail forex traders. Through a partnership with FXOpen, a forex broker, BTC-e was the […]
The post BTC-e Exchange Adds Dash And Ethereum Bitcoin Trading Pairs appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Gaming and digital distribution platform Steam will now accept bitcoin payments from users around the world, a feature enabled by bitcoin payment processor BitPay. After whispers, rumors, and leaks that leads to the inevitable inclusion of a global currency for a global marketplace, Valve’s Steam, the biggest PC gaming platform and distributor in the world […]
The post Steam Level Up! Bitcoin Accepted appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Transparency and accessibility to information have always been issues dealt with during elections. Lest we forget the insanity in the United States during the elections of 2000. Recount after recount to ensure that the votes were properly counted and ultimately the courts decided. Well, Blockchain Technologies Corp. (BTC) is here to change voting. Blockchain Voting success in […]
The post Ready For Blockchain Voting? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: Innovative Bitcoin exchange platform Unichange is pleased to announce the giveaway of free virtual Bitcoin debit cards that can be used at Amazon, AliExpress and more outlets. Starting today, Unichange launches its free giveaway of Unichange virtual debit cards to every customer ordering a Unichange plastic Bitcoin debit card. Conditions of the […]
The post Use Bitcoin at Amazon, AliExpress, and More With a Free Unichange Bitcoin Debit Card appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Ethereum (ETH) has been experiencing some serious price fluctuations dropping significantly below its maximum top from a while ago, but still the network is strong and the number of miners is increasing. The same goes for mining pools with some new pools for mining Ethereum becoming available, so there is now more options available for you and the new pools are running promotions to attract more miners. You can find some more details about two of the new pools along a list of other Ethereum mining pools that have been available for longer time. Now that the latest miner software for Ethereum is getting failover support setting a backup pool or more than one might be a good idea as well, though the big mining pools rarely have issues it cans till happen.
The first pool you might wan to check out is PooLTo.Be Ethereum Pool. Still not a large number of miners and a lot of hashrate, but it supports ETH Stratum proxy as well as regular getwork mining and there is still zero pool fee for some time. The minimum payout threshold is 0.2 Ether and payouts run every 2 hours and the pool has already found a couple of blocks.
The other more recent launch in the fork of a dedicated Ethereum mining pools that you might want to check out is DonkeyPool that is apparently a side project by the EtherScan.io block explorer. The pool apparently only supports getwork for the moment and it has found a few blocks already, though the number of miners and the hashrate is not that big yet. The pool will run without a mining fee until June 15th, 2016, then the fee will be 0.5%. The payouts are made once a day if a minimum 1 ETH balance is available.
List of other Ethereum (ETH) mining pools:
– ethpool.org
– ethermine.org
– eth.nanopool.org
– dwarfpool.com/eth
– http://ift.tt/1Ev8xCF
– eth.suprnova.cc
– www.coinotron.com
– eth.pp.ua
– ethereumpool.co
– weipool.org
– ethpool.utocat.com
– ethereum.cryptopool.online
– ethereum.miningpoolhub.com
Leading Japanese bitcoin exchange bitFlyer has revealed the successful completion of a ¥3 billion ($27 million) funding round, the largest funding round ever by a bitcoin and Fintech company in Japan. In a funding round led by Japanese investor SBI Investment and Tokyo-based venture capital firm Venture Labo Investment, prominent Japanese digital currency exchange operator […]
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Bitcoin price sold-off from $470 (Bitstamp) and 3100 CNY earlier today. A Fed rates announcement is widely expected to catalyze global market trends later on Wednesday, yet the bitcoin market just took profit, for good measure, before the Fed even spoke. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis […]
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The British government is considering disbursing research grants using bitcoin or some other blockchain-based currency, according to Matthew Hancock, the Minister of the Cabinet Office and Paymaster General. In a speech at Digital Catapult, a government-funded think tank., Hancock said the Cabinet Office has begun exploring ways to use blockchains with a particular interest in […]
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The Bitstamp Price Index came close to hitting the $470 mark late on 26th April. The bitcoin price is the latest in a series of key milestones of $444, 450 and $460, all setting respective yearly highs. Bitcoin has been experiencing a resurgence, with a rally began last week following a plateau for a month […]
The post Newsflash: Bitcoin Price Pushes Toward $470 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Is the hype over distributed ledger technology (DLT) overblown? Not according to Yves Mersch, a member of the European Central Bank (ECB) executive board. Speaking to the Deutsche Bank Transaction Bankers’ Forum in Frankfurt yesterday, Mersch said in his prepared remarks that DLT might not be a panacea for the financial industry’s ailments, but it […]
The post ECB Executive Board Member: Blockchain Tech a Game Changer appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A bitcoin transaction of 291.241 BTC saw a fee of 291.2409 BTC, making it an entirely generous fee from the user toward the miner or, more likely, a huge error on the user’s part. Eagle-eyed bitcoin enthusiasts spotted a notably large transaction on the blockchain, one which stood out due to its miner’s fee. First […]
The post User Error Sees Bitcoin Mining Pool Earn $135,000 as Fee appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
In a majority vote, the European Parliament’s Committee on Economic and Monetary Affairs has voted to adopt its virtual currencies and blockchain report. The vote comes during a time when the Commission is looking to bring digital currency exchanges under the purview of its Anti-Money Laundering Directive (AMLD). The European Digital Currency & Blockchain Technology […]
The post Vote Sees Europe Move toward AMLD-D for Digital Currency Exchanges appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
With the announcement of Gem Health, Gem is continuing their impressive growth in delivering blockchain platforms for smart networks. Gem has always made it clear that they consider healthcare to be an attractive target for their solutions. With this announcement they have taken a large step towards building a “blockchain network for global healthcare.” The goal is for […]
The post Gem Launches Blockchain Healthcare Network, Partners with Philips appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Itaú Unibanco, the largest private sector bank in Latin America has announced a partnership agreement with private blockchain consortium R3, making it the first Latin American bank to join the banking blockchain collective. Joining the ranks of over 40 other global banks, Itaú Unibanco, a Sao-Paulo based bank has joined distributed ledger or blockchain consortium R3CEV, […]
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While Russian authorities are currently going through the notions to enforce a ban on bitcoin and cryptocurrencies, the hardline stance could change in the future. The Federal Financial Monitoring Service of the Russian Federation (also known as Rosfinmonitoring) has revealed that while the cryptocurrency ban is being considered as an applicable measure, it does not […]
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Bitcoin price continues consolidating to resistance at $470 (Bitstamp) and 3000 CNY. Technical analysis looks at the significance of these levels and what they suggest for trend. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code […]
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The US government is trying to recruit blockchain developers to consult on blockchain and bitcoin developments. This should come as no surprise considering the interest in blockchain technology demonstrated by the world’s largest banks via the R3 CEV project, and the largest technology firms via the Hyperledger Project. The biggest names in banking and technology […]
The post The US Government Contacted a Bitcoin Developer for Consulting Work appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Why is ransomware the new rage? Denis Sinegubko, the founder of Unmask Parasites and senior malware researcher at Sucuri, a network security firm, notes in a Sucuri blog that the answer to this question has to do with the way ransomware demands are paid. Unlike false anti-viruses that were mostly harmless and made people pay […]
The post How CTB-Locker Ransomware Uses Bitcoin And Blockchain appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Kathleen Moriarty, who was instrumental in directing the setup of exchange traded funds (EFTs) from a legal perspective in the early 1990s, is supporting a bitcoin ETF, which she is optimistic about, according to The Wall Street Journal. An ETF is a marketable security that tracks an index, a commodity, bonds, or a basket of […]
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Afrikanus teaches young people how to be entrepreneurs in Ghana. He works with Bitnation to issue blockchain-based title deeds and establish what he terms a “Free Economic Enclave” in northern Ghana, where the poorest parts of the nation are located. Ghana, a nation of 27 million people, might not be considered a leader in blockchain […]
The post Towards Blockchain-Based Land Titles In Northern Ghana appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
There are many tools for Linux including some specialized Linux-based mining distributions for monitoring different GPU mining rigs, but when talking about Windows-based mining rigs things are usually very different. With Windows mining rigs most people either rely on Team Viewer or another method of remotely connecting to the computer and monitoring directly the console window of the miner the PC is currently running. So here comes something useful for Windows-based Ethereum mining rigs that can save you the trouble of using remote connections all the time just to check the status of a mining rig – the Ethereum Windows monitoring tool. It is actually a set of tools and scripts that make it possible to open just a single webpage and see the status of your Ethereum mining rig in a short and useful way along with the mining hardware status such as operating temperatures, load, clocks and fan speed. The monitoring tool is designed to work with the standard ethminer, but it might be adaptable to other miners as well, though that might not be an easy task for novice users. The tool is still currently in an early version and might not be completely free of bugs and might not be that user friendly for everyone, but it is an interesting thing to try if you are mining Ethereum on Windows GPU mining rigs.
– For more details, to download and to try out the Ethereum Windows monitoring tool…
Bitcoin Price Releases: In just 12 months, BTCPOP has skyrocketed to being the best and most successful Bitcoin P2P lending company. With a total of 11,972 funded loans and 17,241 satisfied users, BTCPOP can proudly claim that it has more satisfied users and more loans funded than any other site. BTCPOP are known for releasing […]
The post BTCPOP Are Listening appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world. Bitcoin exchange Bitstamp has gained the license to operate as a […]
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Bitcoin price pushed to $470 (Bitstamp) overnight and then corrected for most of today. At the time of writing a series of green candles from the low shows determined buy-power aiming for a new high. Can the bulls do it? This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. […]
The post Bitcoin Price Advance Touches Critical Level appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Nobody cares when or what price you first bought Bitcoin. Many people use this as a refrain to establish their legitimacy, but it highlights a paucity of other things which to discuss. It’s an “I” centric statement that degrades the overall discussion around Bitcoin. Laughably, people boast as late as 2013. Cool, you’re an “early […]
The post Nobody Cares About Your Early Bitcoin Adopter Status appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Alongside 14,000 terms and phrases, Bitcoin has been added to the Merriam-Webster Unabridged. The company has also revised, updated and enhanced hundreds of entries. Many of the words added to Unabridged have been used in popular culture for much longer than Bitcoin. That Bitcoin has been chosen, and so quickly after its advent, speaks to the […]
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Bitcoin price is on an advance, pushing ceilings higher after scaling $440 to reach $450 last week. On Sunday, bitcoin price scaled to $460. In the early hours of Monday, the Bitstamp price index was trading at a new record high for the year at $470.02. The price of bitcoin is going from strength to […]
The post Bitcoin Price Breaks Beyond $460, Sets New High in 2016 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Osterman Research recently completed what it calls a “first-of-its-kind” database security industry report. According to the study, just 19 percent of organizations enjoy “excellent” visibility into data and database assets. As Osterman states, “this level of visibility is necessary to rapidly identify a data breach.” 47 percent of those surveyed do not have a team […]
The post The Blockchain Alleviates Growing Database Security Concerns appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
With the recent release of the “Panama Papers,” the activity of the law firm Mossack Fonseca came into the public view in a bold way. In a recent PBS Op-Ed Yale University lecturer Vikram Mansharamani discusses the Papers and the what the future of privacy may look like. Of course, the super rich use a variety […]
The post Yale Lecturer Highlights Blockchain Transparency after Panama Papers appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price pushed above $450 and 2900 CNY overnight and at the time of writing is retesting a resistance level it pushed through to make the new high. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the […]
The post Bitcoin Price Testing $450 From Above appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Police arrested Michael Murgio in Palm Beach, Fla. for participating in a scheme to pay bribes to allow the Coin.mx bitcoin exchange gain control of a New Jersey credit union, according to Fortune. Prosecutors claim the scheme stole information on 100 million people. Murgio, 65, who serves on a Palm Beach County, Fla. school board, was […]
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Will the blockchain really empower the disadvantaged as some of its advocates claim? If Lisa Bovill and Dave Shepherdson have anything to say about it, it will, according to The Guardian, based in London, U.K. Bovill, a public servant who specializes in welfare rights, and Shepherdson, a colleague, are trying to implement a new […]
The post U.K. City’s Cryptocoin Offers Exchangeable Token For Volunteer Work appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
We have compiled a new range of windows binaries of the hodlminer fork optimized by Wolf0 (source) with support for Intel AES New Instruction set (AES-NI). This is the faster CPU miner for mining HOdlcoin (HODL) than the standard release for processors without AES-NI support. Do note that the binaries below are available only for 64-bit Windows and will work only on compatible AMD or Intel processors with AES instruction support, for other processors you should stick with the standard hodlminer that is slower, but should work on much wider range of CPUs.
If you are not sure if your CPU does have support for AES-NI and what it the architecture it is based on you can easily check with the help of the free tool CPU-Z. Intel’s CPUs with AES-NI support start from the first models based on the Westmere microarchitecture that was introduced in early 2010 while AMD’s processors that do come with AES support start with the AMD Bulldozer Family 15h introduced in late 2011. This means that if you have a CPU later than that it will most likely have support AES-NI, though there is a catch, not all lower-end CPUs come with Advanced Encryption Standard Instruction Set supported. Intel has a list of all CPU’s that have support for AES-NI available here, so you can also use that to see if your CPU is in the list.
In the archive below with the different binaries there are number of executable files that have the type of michroarchitecture they are compiled for, so you just need to rename them to hodlminer.exe and try to run them depending on the type of CPU you have. The binaries with bdver1, bdver2 and bdver3 are for AMD CPUs with Bulldozer or later michroarchitecture while the others are for Intel starting with Westmere, then Sandy Bridge and Ivy Bridge and then Haswell and Broadwell. The Silvermont michroarchitecture is for specific set of low-power Atom, Celeron and Pentium branded processors used in systems on a chip (SoCs) made by Intel that aslo have support for AES-NI. If these binaries do no work on your processor, the standard hodlminer release should still be able to provide you with the ability to mine HOdlcoin (HODL).
– To download and try the optimized hodlminer-wolf AES-Ni CPU miner for Windows…
Taking advantage of the Coin Control feature is something considered a bit more advanced, especially if you don’t have built-in support in the specific crypto currency’s GUI Qt wallet and have to use the console. But Bitcoin and many of the more recent altcoins or ones with updated wallets do have built-in support making things easy to use the coin control feature right from the GUI. By default the feature is not enabled, so you will have to go to Settings / Options / Display and enable the coin control feature to be displayed. After that when you go to the Send coins panel of your coin wallet you will see a button to call the Coin Control feature, but what is this feature and why do you need to use it in the first place?
The coin control feature allows you to control how you spend the coins in your wallet when sending a transaction. You can choose what addresses will be the ones sending the coins and which of the coins you have received will be used. With this feature you can do things like combine multiple transactions and the coins from them that you have received in a single large sum of coins available to one of you wallet addresses. To do that you can just select which coins and the address you want them sent to and use on of your own wallet addresses, so you will actually be sending yourself the coins. Sending yourself coins would require you to pay a network transaction fee, but by consolidating multiple small amounts of coins into single ones you can actually reduce on further transaction costs.
The coin control feature however is more important for PoS (Proof of Stake) coins and altcoins that do have some other forms of awarding users with extra coins for holding some amount in their wallets. Consolidating the coins in your wallet will mean that they will available for stating altogether giving you bigger weight on the staking, so you should be able to save on time when staking coins. If a coin is rewarding you for keeping your coins in the wallet for some time, but there is a maximum time they need to stay in the wallet without moving you can use the coin control feature to see when you need to resend some of the coins back to your own wallet in order to keep getting rewards. So depending on the specific coin taking advantage of the coin control feature might help you maximize your PoS earnings, get more rewards or execute transactions with the coins you want from the address you want them to be sent. If you still haven’t used that feature you might want to give it a try and see how easy it is to use it especially if it is already available in your GUI qt wallet and you just need to enable it and not having to run console commands.
Bitcoin price re-attempted $450 (Bitstamp) and 2900 CNY (BTCC) earlier today. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h00 UTC Bitstamp 4-Hour Chart From the analysis pages […]
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Mike Hearn wrote a Medium post which went viral and was the topic of much debate in the Bitcoin world. In his opinion, the Bitcoin community was dead. He wrote: “[Bitcoin] has failed because the community has failed… Worse still, the network is on the brink of technical collapse.” Hearn has spent considerable time in […]
The post TransferWise CEO Thinks Talking down Bitcoin Is a Good Business Strategy appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Custos Media Technologies, a Stellenbosch, South Africa-based company that uses the blockchain to fight media piracy, marks one of the more unusual but interesting commercial applications of bitcoin. A pair of academics, G-J van Rooyen and Dr. Herman Engelbrecht, came up with the idea after working in “pre-commercial” research for the better part of the […]
The post Born In Academia, Custos’ Novel Blockchain Application Fights Movie Piracy appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Gavin Andresen, Chief Scientist at the Bitcoin Foundation and Lead Developer of Bitcoin until 2014, held an extensive Q&A session with the Chinese bitcoin community yesterday. Answering a range of questions from a diverse array of topics, the session focused on the most pressing issue in bitcoin, transaction capacity. Acknowledging the Beijing meeting between miners […]
The post Bitcoin Exchanges “Seriously Considering” Funding a Competitor – Gavin Andresen appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price achieved $450 (Bitstamp) and 2900 CNY (BTCC) overnight. Since then price has entered a pullback that appears incomplete at the time of writing. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin […]
The post Bitcoin Price Advance Halts At $450 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
It has been a long time coming. Valve is gearing to implement Bitcoin support on Steam, going by screenshots taken from Steam’s private developer forums. The rumors surrounding Steam’s support for Bitcoin payments came to a head in February this year, when new translation strings in Steam’s translation server suggested that the world’s biggest PC […]
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Noted Bitcoin entrepreneur, thought leader, and activist Andreas Antonopoulos recently spoke at a Barcelona Bitcoin Community meetup. Addressing a variety of topics, Antonopoulos delivered his message with the clarity and foresight we have some to expect from one of Bitcoin’s most influential advocates. Antonopoulos titled his speech “Thoughts on the Future of Money” and delivered on […]
The post Bitcoin Evangelist Antonopoulos: Big Banks Are Experiencing Stages of Grief appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Cashila, a bitcoin payment and bitcoin-to-euro conversion service, has partnered with Bitnik Reload, a Slovenian bitcoin service that automatically repurchases spent bitcoin from exchanges. The partnership will allow people to live truly on bitcoin, according to Jani Valjavec, co-founder of Cashila. The partnership allows users to pay quickly and easily while repurchasing bitcoin from a […]
The post Cashila Aims to Enable Total Bitcoin Dependency with Instant Repurchases appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Loyalty and payments platform provider nanoPay had a memorable start to 2016. The Toronto-based startup acquired MintChip, a digital currency developed by the Canadian Mint as a fiat alternative to bitcoin and originally backed by the Canadian dollar. With the acquisition, nanoPay CEO Laurence Cooke sees an inevitable future wherein digital currencies will revolutionize society and […]
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There is now a mining calculator available for HOdlcoin (HODL) our current favorite for a CPU-only mineable crypto coin. The calculator makes it easy to get a good idea on how much you might be able to earn using your CPU for mining the coin. The calculator gives you only information about what you can mine, but your profit can increase significantly thanks to the interest you get and if you deposit the coins for a term, taking advantage of the still quite high interest rate. Another interesting new feature with HODL is the recent introduction of a custom HOdlcoin block explorer that gives interesting and useful information on how things are moving with the coin and its network, so do check that out as well.
– To check your mining profitability with the HOdlcoin (HODL) mining calculator…
Bitcoin Press Releases: Follow My Vote has launched a crowdfunding campaign to raise funds for the development of a verifiable open-source blockchain voting software, making voting honest and convenient, once and for all. 21 April 2016, Blacksburg, VA – Follow My Vote has launched a Kickstarter campaign to help fund the blockchain technology powered voting […]
The post ‘Follow My Vote’ Launches Kickstarter Campaign for Revolutionizing Open-source Blockchain Voting Software appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The news last week that production for Bill & Ted 3 will most definitely begin soon came as welcomed news to the Internet. In 1989, when Bill & Ted’s Excellent Adventure was released, there was no Internet, and George Herbert Walker Bush was President. That’s a long time ago, dudes. Since then, both Alex Winter and […]
The post Will Bill & Ted 3 Feature Bitcoin, Dark Web? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A father-son duo from the state of Louisiana pleaded guilty to operating an illegal, unlicensed bitcoin exchange. An announcement from the U.S. Department of Justice revealed that Randall Lord, 58 and his son Michael Lord, 29, both from Shreveport, Louisiana, plead guilty to one count of conspiracy to operate an unlicensed money servicing business. In […]
The post Father-Son Duo Plead Guilty to Running Unlicensed Bitcoin Exchange appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Claymore has been quite active in further developing his dual miner for AMD OpenCL GPUs intended to mine both Ethereum (ETH) and Decred (DCR) since our initial post about his first release a few days ago. The latest updates include some of the features we noted as missing in the initial release such as Stratum support for Decred or the ability to set workers for Ethereum mining pools. The more interesting improvements however are those relates to the performance you get from the miner, he has been able to squeeze some extra performance in terms of the hashrate you get for mining Ethereum while at the same time you still get decent performance for mining Decred as well.
The earlier versions showed a bit of a decrease of the performance in Ethereum while using the dual mining mode, but the latest improvements have significantly improved the situation, including the results for slower AMD GPUs. With the latest version 3+ you can get slightly more Ethereum mining hashrate than with the regular ethminer while at the same time you are also mining some Decred. The higher-end the AMD GPU you are using, the higher performance gain you can expect – from about 1 MHS on 79×0/280x cards to a few on 290/390 series of cards plus the extra Decred mining hashrate. Interestingly enough not mining in dual mode, but only Ethereum is not showing difference in the hashrate now on a Radeon R9 280X for example.
So if you still have not tried the Claymore Dual Ethereum and Decred Miner for AMD GPUs (it does not work on Nvidia video cards), you should give it a try. Do note that although this miner is free-to-use, there is a small developer fee of 1% for Ethereum-only mining mode and 2% for Ethereum plus Decred mining mode, do every hour the miner mines Ethereum for 36 or 72 seconds for developer. Also, if you have been mining only Ethereum for the moment and you switch do dual mining mode adding Decred you should know that the power usage and the heat generated by the GPU will increase. So make sure your AMD GPU mining rig can handle the extra power usage and heat generated when dual mining, because Ethereum is less power hungry and more memory than GPU demanding algorithm while the situation with Decred is the right opposite and thus both can be mined together with pretty good results. Another important thing to note is that the miner is only released as a Windows binary, no source code or binaries for other operating systems are currently available.
– Visit the official miner announcement thread for additional details and downloads…
Editor’s Note: This Is Part 2 of the CCN series, “Peace & Stability Through The Public Ledger.” For Part 1, click here. In the first part of this series, we examined the ways in which changing political postures of global citizens, and the history of IBM, helps paint a picture of the world in which […]
The post Peace & Stability Through The Blockchain: Payments & Finance appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The draft law proposed by the Ministry of Finance in Russia to ban the circulation of cryptocurrencies like bitcoin in the Russian Federation is delayed in its entry to the State Duma. A proposal by the Finance Ministry that is seeking to officially ban bitcoin and cryptocurrencies in Russia has hit a delay. The draft […]
The post Russian Finance Ministry’s Bitcoin Ban Bill Delayed, Due to Criticism appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price has made gains over the past few days to set a new 3-month high of $443.69 today. The Bitstamp Price Index struck $440 at 16:00 yesterday, April 20 and has remained to hover over the figure ever since. At the time of publishing, the price of bitcoin was trading at $444. The figure […]
The post Newsflash: Bitcoin Price Touches $444, a 100-day High appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Ed Moy, a former U.S. Mint Director, has recommended cryptocurrency like bitcoin as one of three useful ways to diversify your personal portfolio, according to Newsmax’s finance section. As long as the Internet exists, digital currencies such as bitcoin will have value, and they are beyond the reach of government and banks at present. In addition […]
The post Former U.S. Mint Director: Cryptocurrency Offers Secure Way To Diversify Personal Savings appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Kraken, one of the largest bitcoin exchanges in the world has announced the appointment of Edward Stadum, a lawyer and fintech advisor with over five decades of legal experience and insight into international law. Global Bitcoin exchange Kraken has hired Edward M. Stadum as its General Counsel. Stadum will provide opinion and specialist advice for […]
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Palo Alto Networks has discovered a unique malware family that can mine bitcoins via the victim’s CPUs and GPUs. The malware, called PWOBot, is completely written in Python and compiled via PyInstaller, generating a Microsoft Windows executable, according to a Palo Alto Networks posting. The malware has affected European organizations, mainly in Poland. A Polish […]
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It has been said plenty of times in the past and it’ll be said again in the future. Taavet Hinrikus, CEO of TransferWise, a popular peer-to-peer international money transfer service has stated that bitcoin, is dead. TransferWise is a prominent player in the Fintech space. Founded in 2010, the money transfers service is among the […]
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Bitcoin Press Releases: BitcoinAverage’s Newest API in Beta. Improved system, service offerings on horizon for users of most trusted price index London, UK — BitcoinAverage, the world’s most trusted Bitcoin price index, will be releasing new system features, revamping its pricing index to accommodate the needs of users at every level, from casual to enterprise-grade. […]
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Bitcoin price pushed to a new high at resistance today, and we have to ask: Why another high when your bitcoins are fundamentally threatened? This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price […]
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In an announcement today, New York-based blockchain startup Digital Asset Holdings (DAH) revealed its acquisition of Swiss technology firm Elevence Digital Finance AG. With the acquisition, DAH has announced the Digital Asset Modelling language, an alternative to Smart Contracts that is specifically designed for financial services. Digital Asset has revealed its acquisition Zurich-based Elevence, a […]
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Editor’s Note: This is part 1 of CCN’s “Peace & Stability Through The Blockchain” Series. As Zbigniew Brzezinski wrote in The New York Times, an ongoing global political awakening means more politically enlightened people, who hold a better understanding of colonialism and empire, and share a deep dissatisfaction with the status quo. As he wrote: For […]
The post Peace & Stability through the Blockchain: Global Political Awakening & Peace through Trade appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Olga Skorobogatov, deputy chairman of the Bank of Russia (Russia’s central bank) has, in a blockchain conference, spoken about the possible development and creation of a national digital currency in the Russian Federation. Speaking at the “Blockchain and Open Platforms” conference in Russia, Deputy Chairman of the Bank of Russia Olga Skorobogatov has suggested that […]
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Bitcoin Press Releases: OXBTC (www.OXBTC.com) – a China-based cryptocurrency investment platform lately unveiled its upgraded and expanded farms for Bitcoin/Litecoin/Ether cloud mining, which is about to beat all major miners and become the world’s largest one. Located in 3 different regions in China (Sichuan, Ordos and Inner Mongolia), OXBTC’s mining farms cover a total area […]
The post World’s Largest Bitcoin/Ether Mining Farm Unveiled by OXBTC appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The last 24 days mark the longest period in which bitcoin prices have been less volatile than gold prices, going back to 2010, according to The Wall Street Journal. Some see this as a sign of investor perception of bitcoin as a safe store of value. Not one for lack of volatility, bitcoin has witnessed […]
The post The Gold Standard: Bitcoin Price Stability at its Best since 2010 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The ethminer 0.9.41 Genoil fork 1.0.7 (source) is now out of beta and we have compiled a Windows binary (64-bit only) for the people using it to mine on their Nvidia GPUs or maybe AMD as well. Genoil’s fork of ethminer is targeted at Nvidia CUDA miners, but also works on AMD OpenCL for mining of Ethereum (ETH). The 1.0.7 has some minor bugfixes since the recent beta release and it comes with failover support for Stratum mode along with the already available in previous releases failover support for the standard mining mode. You are welcome to download and try the compiled binary of the latest 1.0.7 version and the Stratum failover. Check the included help.txt file and the example BAT file for more information on how to use the new Stratum failover mode.
– To download and try the latest Ethminer 0.9.41-genoil-1.0.7 for Windows OS…
The ShapeShift.io bitcoin exchange expects to be back online soon after rebuilding its infrastructure on account of hot wallet thefts, according to a Reddit post by Erik Voorhees, company CEO. Shapeshift’s website currently states it is upgrading its infrastructure and will be down for a few days. A Reddit post noted that the company decided to scrap […]
The post Bitcoin Exchange ShapeShift Hacks See $230,000 Lost in a Month appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: Bitcoin Lending Platform BitConnect.co Releases Innovative “My Page” Feature San Francisco- April 20, 2016 – In a digital currency world that is built upon the concept of decentralization, the greater Bitcoin community can seem fractured and remote to even seasoned Bitcoin veterans. Bringing together like-minded Bitcoin users from around the world can […]
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Bitcoin price continued sideways today in low volume trade that is looking more and more likely to turn to decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: […]
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With April coming to a close and the halving in three months, bitcoin’s scalability is reaching decision time. Following a year of heated debate, wide consensus has been achieved on a maxblocksize increase, segwit deployment and support for the Lightning Network. The only outstanding issue is one of timing. Can segwit be ready before the […]
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In one of the first instances of blockchain technology developed and tested for accounting systems rather than post-trade settlement and securities processes among financial institutions, the SBI Sumishin Net Bank in Japan has conducted a successful blockchain test which saw distributed ledgers replace their actual ledgers. A three-month long experiment by Japan-based SBI Sumishin Net […]
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When Balaji Srinivasan talks, people listen. As a co-founder of 21 Inc., the company that has raised more money in the cryptocurrency space than any, Srinivasan naturally gains attention when he talks about cryptocurrency’s future. He recently set off a volley of engaging comments when he tweeted about one of the most contentious cryptocurrency topics – […]
The post Why 21 Inc.’s Balaji Srinivasan Pays Close Attention To Blockchain Consortiums appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Adam Draper, the founder and CEO of BoostVC, a Silicon Valley accelerator focused on bitcoin, stopped by Wall Street Journal’s MoneyBeat and spoke with Paul Vigna. Draper was an early investor in Coinbase in 2012. He discussed with Vigna, for the most part, the evolution of Bitcoin to the blockchain. This has been a dramatic change […]
The post This Investor Is In Bitcoin and Blockchain for the Long Haul appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: Mobile gaming and cryptocurrency startup ionomy.com releases new coin and platform designed around rewarding mobiles gamers and bringing new users into the crypto space. SINGAPORE–(Marketwired – April 15, 2016) – ionomy (www.ionomy.com), a gaming and blockchain cryptocurrency startup, on April 4, 2016, announced its new gaming, investment, and digital currency platform, ionomy.com. […]
The post Ion, a new coin designed around mobile gaming launches Initial Coin Offering appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A quick update of the public ccMiner fork by SP of his Nvidia Maxwell optimized miner in the form of a Windows binary compiled from the latest Git source code of the ccMiner 1.5.79-git SP-MOD fork (source). The latest release comes with some small fixes and slight improvements in some algorithms, but it seems it has broken Decred support, so if mining DCR better stick with a working and optimized release. Have in mind that is a CUDA 7.5 compiled release, the latest CUDA 6.5 release of SP’s fork of ccMiner was version 74. Do note that the SP-MOD fork of ccMiner is designed for Nvidia Maxwell GPUs such as the already available GTX 750, 750 Ti as well as the newer GTX 960, GTX 970, GTX 980 and GTX 980 Ti and GTX Titan X. The Windows binary release we have made available here is 32-bit with support for Compute 5.0 and Compute 5.2 GPUs or with other words only for Maxwell-based Nvidia video cards compiled with CUDA 7.5 and VS2013.
– To download the latest ccMiner for Maxwell version 1.5.79-git by SP for Windows OS…
Hana Financial Group, a large bank holding company that specializes in a multitude of financial services including banking has now joined the financial blockchain consortium led by R3. Global private blockchain consortium R3 sees its first Korean financial institution join its ranks with the inclusion of South Korea’s Hana Financial Group. In a report by […]
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Russia’s Investigative Committee Chairman Alexander Bastrykin has, once again, opined that virtual and cryptocurrencies like Bitcoin are money substitutes or surrogates that need to be outlawed. He also claimed that virtual currencies are “often used” for the financing of terrorism. In a sweeping, wide-ranging column on Russian publication Kommersant, Alexander Bastykin – chairman of the […]
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Bitcoin Press Releases: The Emer Group is proud to announce the launch of its own blockchain development platform. Emer, a leading digital currency and blockchain platform is on the cusp of launching its own fully fledged development platform; Blockchain Engine. On April 25th, 2016 the long awaited developer ecosystem will be released to the public, […]
The post Emer Blockchain Engine appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Press Releases: Indian Bitcoin exchange and wallet Coinsecure has raised over $1.2 million in the first 4 months of their ongoing fund-raising round ‘Series A’. 18th April 2016, Delhi, IN – Coinsecure, the leading Indian Bitcoin trading platform, has announced a raise of $1.2 million as part of its ongoing ‘Series A’ investment round. […]
The post India’s Leading Bitcoin Exchange Coinsecure Has Raised Over $1.2 Million in Ongoing Fund-raising Campaign appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price wasted more time below resistance, today, as the bulls bought into an assumed rally. Indeed, a rally is possible, but the exchanges have more to gain from pulling price down into liquidation than giving small fish retail traders what they explicitly want. This analysis is provided by xbt.social with a 3-hour delay. Read […]
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Coinroll, a bitcoin casino, noted on its website that some customers reported their funds were stolen. A security researcher for MacKeeper, a Mac security firm, found a database of information about Coinroll customers that anyone could have downloaded, according to Softpedia. Coinroll Runs An Audit A message on Coinroll’s website said the company is running […]
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Global Bitcoin payment processor BitPay has notified users to of a newly discovered Trojan virus that is affecting some bitcoin purchases. Notably, the virus has not compromised any user wallets of payment systems. In an alert issued on Friday, bitcoin payment service provider BitPay has warned users to be on the lookout for a new […]
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Secrecy scandal after secrecy scandal have rocked the financial world since the 2008 financial crisis. In early 2014, the LIBOR scandal uncovered the manipulation of Forex markets. Last week, the Panama Papers detailed the behavior of Panamanian law firm Mossack Fonseca, which has sold shell companies for the past 40 years so individuals could hide […]
The post Can the Blockchain Be a Solution to the Panama Papers Revelations? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Former New York regulator Benjamin Lawsky, who oversaw what many consider the most restrictive state bitcoin regulation known as BitLicense, now works as a counsel and media liaison for Axoni, a blockchain technology firm that uses blockchain in settling derivative transactions, according to Reuters. Lawsky said he intended to start a consulting business when he announced […]
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Bitcoin Press Releases: In only 5 months, Bitmart has introduced the revolutionary Bitcoin Currency and Mining to aspiring entrepreneurs across South Africa. Bitcoin Mining has recently taken the world by storm, and more so at a remarkable rate in South Africa. Since the inception of Bitmart in December of 2015, more than 50 confirmed satisfied […]
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Bitcoin price quietly turned lower after failing to take advantage of a weak spot through resistance this weekend. At the time of writing price is declining from the recent high under a multiple timeframe sell signal. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join […]
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Raghuram Rajan, the governor of the Reserve Bank of India, questions the unconventional monetary policies central banks are pursuing and claims that pushing down interest rates results in people saving rather than spending. Rajan’s views echo those who criticize central bank policies, which have included restraining digital currencies. On leave from a teaching post at the […]
The post India’s Central Bank Head: Central Banks Are Doing More Harm Than Good appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
There are many websites that offering lots of varied rewards and booking options when it comes to reserving a hotel at a good price. Some may even accept Bitcoin as a preferred payment. However, the first hotel booking website to offer a cash-back rewards style program with Bitcoin, as well as the option to donate […]
The post Hotel Booking Website HotelGo24 Offers User Rewards In Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
THe first X11 ASIC miner on the market was iBeLink DM384M that was released about a month and a half ago in a limited 50 units first batch and we were lucky enough to purchase one of the first units available from Dual Miner. We have since tested and played quite a lot with the device and we have since shared a lot of things we like about the device and some that we don’t. With DualMiner.com opening pre-orders for the next batch it is time to share a few more things that we do not like about the iBeLink DM384M, so that people that might be considering to order the device be well aware what to expect from it. The next batch that is up from pre-order is expected to start shipping by the end of next month, so a lot can happen before the devices start shipping including a competing product becoming available for order without so much waiting time.
But lets get back to the iBeLink DM384M X11 ASIC miner and what we don’t like and should have happened in the timeframe of about a month and a half since the first batch of devices started shipping. On the software side, still no source code of the cgminer is available for users to modify and integrate in sgminer, bfgminer or another software miner or even compile for Windows or other operating systems. The fork of cgminer available is only in a binary form for Raspberry Pi and even the binary is not usable for custom setups as it apparently has built in protections that don’t allow you to use it in other environment than the one you get it preinstalled on (the RPi shipped with the miner). You can get inside the Linux shell on the Raspberry Pi controller of the miner and try to add another root account or change the password for an existing user, but you will not get very far. Thanks to the built-in protections in the cgminer it will refuse to run if any modifications in the environment such as changed passwords or new users are detected and so far iBelink has not released the password for the device so you cannot ssh to it using an existing user. So the only thing left is apparently for somebody to brute force the password of the device as iBeLink simply does not give us another option.
Still on the software side, there has not been a single update to the web-based interface that is available for the user to control and monitor the device and that software does need some fixing and new features. The numbers you get reported are a bit weird and confusing, so you might have trouble getting a good idea on the status of the hardware other than if it works and how well it works – you will have to monitor poolside for the real performance. But that is not the big issue, there are features that are simply needed and not available and apparently will not be introduced such as password protection for the web interface or load balancing pool strategy to help you spread the high hashrate among lower difficulty coins for example. This might not have been that bad if if users had the access to the divide that would allow them to modify the software themselves and add features that they may need, unfortunately iBeLink locked this option out. We have already seem modified and improved firmware for various ASIC miners made by users that add missing features or improve the performance and reliability of the hardware, but for the moment we are not going to be seeing this happening for the iBeLink DM384M X11 ASIC.
Enough with the software, let us get started about the hardware and what to expect on that side from the iBeLink DM384M X11 ASIC. Solid build, adequate performance as per the official specifications, but noisy and at a level that simply makes it not suitable for use by home miners. Server grade chassis, cooling fans and even power supply ensure long term reliability unless you put it in a very hot environment where you might have trouble with any other hardware anyway. If you are considering to modify the miner to make it quieter and usable for home miners that do not want the excessive noise from the cooling solution, then you will have some more trouble. Half of the noise of the device is coming from the power supply and you will be having trouble replacing it with a standard ATX PSU that is much more silent. The reason for that is the non-standard power connectors used by the blades with the chips that the power supply uses, a 12-pin power connector that may be found on some other server products, but not with the same pinout. Apart from the 12V yellow cables and the black ground cables you have a single 3.3V orange cable on every connector, so you would need to do some modifications to the regular power supply to make it compatible. Or you can just desolder the cooling fan of the standard power supply and add in quieter fans to keep it cool, but that would limit you with the length of the power cables as they are designed to be long enough for the standard chassis of the device. Adding enough less noisy, but still powerful enough fans to each of the blades can provide enough cooling and much less noise when compared to the standard cooling setup, but you will need to take the blades out of the standard chassis.
So be prepared and know what to expect from the iBeLink DM384M X11 ASIC miner should you consider ordering one or more units. One more last thing before making the final decision, the X11 profitability at the moment is not what it was when the first batch was shipped and there is a chance that it may go even lower once more hardware is available. Unlike the last time when new ASICs were introduced for Litecoin and Scrypt-based crypto currencies, X11 is not that widespread and there are not a lot of strong coins apart from DASH, not even that many X11 altcoins like it was with Scrypt ones. With a limited number of X11 ASIC miners, all big and powerful units, and with GPU miners moving from X11 to other algorithms a centralization of X11 hashrate may as well become a serious problem that can drive away users. But enough with the pessimism, time to get optimistic, as we are probably soon going to be seeing more X11 competition on the market including smaller single chip USB miners to help decentralize things and get X11 ASIC hardware in the hands of many more people.
Bitcoin price touched long-term resistance in the Bitstamp chart, today. Although the picture looks different across different exchange charts it is clear an important moment for the longer-term outlook has arrived. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 […]
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After our not so successful experiments in trying to use immersion cooling with mineral oil for the KnCMiner Titan Scrypt ASIC we have moved to trying out different things to make the device run cooler and silent. The obvious next step would be to use water cooling and the options for this are many, so we have decided to start by trying with a pre-filled closed loop All-In-One solution that is ready to be installed just to test out things. We were pleasantly surprised that KNC has decided to use standard mounting holes for 115x Intel sockets on the PCB of the device, so the installation for a water cooling solution designed to support these sockets should not be a problem. The water cooler should be capable of dissipating about 300 Watts of power coming from the Titan ASIC chip (actually four chips in a single package). We have opted out to start with a Silverstone Tundra TD02-SLIM AIO water cooler – dual 120mm slim radiator with two silent slim fans and the results we got with it cooling the ASIC were very good. Using a larger radiator and slightly more powerful fans can help you get even better results temperature wise and still have silent operation, even thicker single 120/140mm radiators could be able to handle things well enough.
Whatever water cooling solution you go for you need to make sure that the top of the water cooling block is clear, so hat you can place a cooling fan on top of it. The actual problem with the Titan Scrypt ASICs is not the main chip(s), but the DCDC power modules that provide the ASIC with the needed power. The design that KNC has chosen makes it hard to cool them properly and their solution that uses very thick thermal pads is not great either. So if going for water cooling installing the water block is the easy part, keeping the power modules cool is the hard one. In fact you can cool them by just placing a powerful 120/140mm fan on top of the whole thing to blow cold air directly over them…
Our test with a 140mm Noctua NF-A14 iPPC-3000 PWM fan for cooling the DCDC power modules proved a success in keeping acceptable temperatures, but not in keeping the device silent. The idea to use water cooling instead of the standard water cooling is to make it run cooler and more silent. So the solution would be to do a custom set of heatsinks to fit on the DCDC power modules and have a silent fan blowing on top of them in order to make the cooling efficient and silent enough. Reusing the stock air cooling plate wit the thick thermal pads that the miner comes with will not do well, but it can give you some ideas, just make sure you use thin thermal pads or a thin layer of thermal grease. The end result will be totally worth it in making the KNC Titan run silent and effective especially for home miners with the summer heat not too far away.
There is much discussion today about multinational firms entering into the blockchain space. They, in fact, with their deep pocketbooks, created an entirely new Industry: the blockchain industry. At industry events, many topics are explored, most notably centered on the ways in which forms of blockchain technology could make more efficient the business and government […]
The post The Blockchain ‘Industry’ Stripped the Innovation of THE Innovation appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A man who admitted collecting more than $800,000 from seniors he tricked into sending virtual money orders to help distressed relatives has been sentenced to four and a half years in prison, according to the Florida Sun Sentinel. The man converted the virtual money orders from some of his victims into bitcoin. Stephan Moskwyn, 33, pled guilty to […]
The post Seniors-Scamming Conman Dealing in Bitcoin Sentenced to Prison appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Jeff Garzik, a bitcoin code veteran, offered some insight into his purpose for launching Bloq a code-for-hire service to develop features for blockchain software and provide access to blockchain support. In a podcast interview on Bitcoin Uncensored co-hosted by Chris DeRose, a self-described bitcoin evangelist, Garzik offered his views on the current block size debate […]
The post Bitcoin Core Dev Jeff Garzik Sounds Off On Block Size Challenges, Offers His Insight appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Wall Street’s clearing and settlement house, the Depository Trust & Clearing Corporation (DTCC) has, in recent times, increasingly made rapid strides in blockchain research and investment into the innovation. Blockchain technology is fast being touted as the oncoming evolutionary leap to boost the financial industry. Stock exchanges like the Australian Securities Exchange (ASX) have gone […]
The post DTCC CEO: Blockchain a Once-In-A-Generation Opportunity appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin price was eagerly traded to the upside today in wave that now appears to have topped out just below long-term overhead resistance. Upward continuation will break resistance and herald a rally, but so far it looks like price is falling back into the consolidation range. This analysis is provided by xbt.social with a 3-hour […]
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In a recent blog post, Peter Todd, one of the more active bitcoin developers, raised the prospects of an amicable end to the so-called “civil war”. Setting out a condition, Todd states: “If major industry players were willing to commit to layer 2 solutions, I’d be willing to support something like a forced soft fork, […]
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The blockchain project New Economic Movement (NEM) has big goals; namely, re-creating the economic system without the predominance of traditional power brokers. As the project’s website states: “NEM is a movement which aims to create a new economy based on the principles of decentralization, financial freedom, and equality of opportunity.” The project’s “Proof-of-Importance” model as […]
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Over the course of next week, the European Parliament will host a four-day conference in an effort to educate members of the European Parliament about distributed ledgers and virtual currencies. A non-commercial conference organized next week by the European Parliament is being put together to educate Members of European Parliament (MEPs) about the rapidly expanding […]
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The two new ATMs brings up the number of ATMs operated by CoinSource to 19 in the United States. With an announcement, Bitcoin ATM network Coinsource has installed two more Bitcoin ATMs in San Diego County, in addition to one existing ATM. San Diego now sees three bitcoin ATMs active in the County operated by […]
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Auroracoin suddenly spiked last week, perhaps upon the leak of the Panama Papers. The papers promptly angered Icelanders, who now feel that the nation is suffering yet another 2008. Although Auroracoin has not been an overwhelming success, it’s market cap has increased three-fold since the Panama Papers leaked. The peer-to-peer cryptocurrency, launched in February 2014, […]
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Following the temporary closure of trading and the subsequent downtime of the website in its entirety, bitcoin and digital currency exchange ShapeShift has now revealed that the instigating hack stemmed from an insider who previously worked with the exchange. In a new Reddit post that followed a steady, transparent cycle of updates from the time […]
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A Bitcoin Core addition called Opt-In Replace-By-Fee (Opt-in RBF) allows transactions to be flagged as replaceable and replaced until the transaction gets confirmed in the next block, according to Nasdaq. It gives wallets the chance to add a signal to a transaction that gives permission for nodes to update the transaction. Opt-in RBF was part […]
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